Bitcoin is consolidating around 94,845 USDT, with a decline of -2.26%. It looks risky, but in fact, the main force is cleaning out profit-taking positions.
The key lies in the resistance above. The range between 95,000 and 97,000 is filled with trapped orders, and the main force will need to spend a lot of cost to clear these sell orders. Instead of forcing upward resistance, it's better to test downward first and see how solid the support below is. This is the so-called "主动回踩" (active pullback).
What does the technical analysis say? The support level is at 92,000-93,000. If this line is not broken, it indicates that the bulls are still in control. Around 92,500 is a good position for phased accumulation. The resistance level points to 96,000-97,000. Once broken, the 10,000 mark becomes the next target.
The trading logic is simple: don't chase highs, wait for a pullback to position; also, don't rush to cut unless it really breaks below 92,000. Currently, the price is oscillating within this range. Those who can patiently hold their positions will win.
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LayerZeroJunkie
· 17h ago
Wait for a pullback before getting in again. I agree with this logic.
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Same old story, I've heard the main force's washout explanation a thousand times.
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I've already placed an order at 92,500. Let's see if I can catch the bottom.
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It sounds nice, but it's basically betting on a decline. I'm still too scared.
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Is it really a test of patience? With my hot temper, I definitely can't hold on.
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If it breaks 92,000, it's gg? I feel like it might break even deeper.
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Can the 100,000 barrier really be broken? Let's first see if 96k can hold.
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Such a harsh washout, it feels like there's something going on.
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I just want to know if this "active pullback" is really active.
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Holding a position makes you a winner, it's easy to say. The retail traders have already cut their positions.
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tokenomics_truther
· 01-16 18:01
That 92,500 level is really an opportunity; it all depends on whether the big players can scare out the retail investors in this move, haha.
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SerRugResistant
· 01-16 18:00
92500 is really tempting, but I still want to see if it can drop a bit more.
But on the other hand, once 92000 breaks, I will have to consider cutting my losses.
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MEVHunterLucky
· 01-16 17:57
92,500 is a good time to buy the dip. Don't listen to those calling for a decline; the main players' tactics are just like this.
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PumpStrategist
· 01-16 17:57
I have already been lurking at the 92,500 level. The chip distribution shows that this is indeed an interesting point. But to be honest, most people panic when they see -2.26%, which is a typical rookie mentality.
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gas_fee_trauma
· 01-16 17:51
Another set of main force clearing theories, I'm hearing so much that my ears are getting calloused.
Wait, can 92,500 really be reached? It just feels like a pie in the sky.
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GasOptimizer
· 01-16 17:34
There is indeed data support at the 92500 level, but I am more concerned about capital efficiency—if you want to repeatedly T, the transaction fee cost ratio needs to be calculated clearly.
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BridgeJumper
· 01-16 17:32
Buy the dip at 92,500 this time; mainly, it depends on how the main players play. Anyway, I don't chase after highs.
Bitcoin is consolidating around 94,845 USDT, with a decline of -2.26%. It looks risky, but in fact, the main force is cleaning out profit-taking positions.
The key lies in the resistance above. The range between 95,000 and 97,000 is filled with trapped orders, and the main force will need to spend a lot of cost to clear these sell orders. Instead of forcing upward resistance, it's better to test downward first and see how solid the support below is. This is the so-called "主动回踩" (active pullback).
What does the technical analysis say? The support level is at 92,000-93,000. If this line is not broken, it indicates that the bulls are still in control. Around 92,500 is a good position for phased accumulation. The resistance level points to 96,000-97,000. Once broken, the 10,000 mark becomes the next target.
The trading logic is simple: don't chase highs, wait for a pullback to position; also, don't rush to cut unless it really breaks below 92,000. Currently, the price is oscillating within this range. Those who can patiently hold their positions will win.